Employee Superannuation Contributions: How to Know You Have It Right

Here are the top five articles that subscribers of the Accounting Apps newsletter clicked on the most during the week commencing the 4th of July 2021.

Employee Superannuation Contributions: How to Know You Have It Right | (XBert)

Keeping across all the necessary entitlements for employees, for all your payroll clients, can not only be time-consuming but heavy on manual labour. Superannuation is one of those things. Accountants and bookkeepers will know, the general super guarantee percentage went up to 10% as of July 1, 2021. In the meantime, any remaining unpaid April-June super contributions must be received (by the superannuation fund) by July 28. Payments can take up to 7 days to process: so, you best ensure all payments are made by July 21, or you risk copping penalties for late payments.

How to Reconcile e-Commerce Transactions in Two Clicks | (Synder)

In this article, you’ll learn more about the importance of having a well-established reconciliation routine and an effective way to reconcile online transactions. Reconciliation is an integral part of business processes, connecting accounting with bank statements, records with cash, protecting the business from any discrepancies and potential fraud. Yet not many business owners feel that they can…